Stock market futures are lower this morning, with the S&P 500 (SPX) off 5-10 points.
Stocks are attempting to hold higher supports. Higher lows need to form to continue this dip buying environment.
We begin the earnings season today and traders are looking at the analysts who have started to pull estimates back in as the signs of a potential slowing across the world.
Target zones are now a bit higher as we remain bullish overall – near 2898-2912 (until proven otherwise). Watch your levels.
2890 is minor support with stronger support below. Lots of buyers seem to be crowded around 2880 for now and this will remain key intraday price support.
Enjoy today’s video.
Stock Market Futures Update – April 8, 2019
Twitter: @AnneMarieTrades
The author trades stock market futures every day and may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
